Hey readers. I'm Phil Rosen, writing to you from midtown Manhattan, where I've attended a handful of events the last two days for NFT NYC. Across cocktail parties and dance floors, everyone here is bullish on tiny digital images that range from apes to stick-figure drawings.
Janos Kummer / Stringer, Getty Images
Markets are closed today but the Opening Bell newsletter rings nonetheless. Phil Rosen here — good to see you.
The main thing to watch today is the March jobs report, which is due at 8:30 a.m. ET.
When markets are open, stocks often move in reaction to the report, but this time around the reaction will have to wait until Monday.
For our day off, we have a shorter edition for you. First, let's check in with Warren Buffett.
Happy Friday eve, readers. I'm Phil Rosen. As a financial journalist, I'm always trying to distill complex ideas into plain language (for my own understanding as much as yours).
As for Opening Bell, I've found it helpful to remember that the stock market operates as a zero-sum game.
Like poker or chess, one player's win means another player's loss.
Dado Ruvic/Reuters